The forecast data indicates a steady and incremental year-on-year increase in the import of blow molding machines for rubber or plastic to Chile from 2024 to 2028. Specifically, imports are expected to grow from 314.96 thousand kilograms in 2024 to 315.89 thousand kilograms by 2028.
The year-on-year percentage variation highlights a modest and consistent growth pattern, as follows:
- 2024 to 2025: 0.08%
- 2025 to 2026: 0.07%
- 2026 to 2027: 0.07%
- 2027 to 2028: 0.07%
By analyzing trends over the last two years (2022 and 2023), the growth has been relatively stable, and the Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual increase of approximately 0.07%.
Future trends to watch for include technological advancements in blow molding machines, shifts in the plastic and rubber industry demand, and potential changes in trade policies that could impact import volumes. Monitoring these factors will be crucial in understanding and anticipating future market dynamics.